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$ETH 3.9 Monday midday market analysis.
The trendline resistance is obvious, and the downward trendline is the descending pressure line extended from the recent high of 74,000. The price has attempted to break through multiple times without success. The most recent rebound was blocked near 67,600, forming a false breakout followed by a quick decline. This "rise and fall, repeatedly testing pressure without breaking" structure is typical of a bearish dominant market. The bottom support line is under test, and the current price is approaching this line. If the price breaks below this support line around 64,000, it will mean the end of the upward trend and a shift to a downward trend.
BTC trading suggestion: short at 67,500-68,000, take profit at 66,800-65,500, stop loss at 68,500.
ETH trading suggestion: short near 1,980-2,020, take profit at 1,960-1,900, stop loss at 2,040.